Prospect Theory and Behavioral Finance
Morris Altman
Abstract
Morris Altman
Abstract
This chapter contains sections titled: Introduction Behavioral Finance and Behavioral Assumptions The Nature of Prospect Theory Prospect Theory and the Choice Behavior Implications of Prospect Theory for Choice Behavior Some Implications for Behavioral Financial Relevance Summary and Conclusions Discussion Questions About the Author
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This chapter contains sections titled: Introduction Behavioral Finance and Behavioral Assumptions The Nature of Prospect Theory Prospect Theory and the Choice Behavior Implications of Prospect Theory for Choice Behavior Some Implications for Behavioral Financial Relevance Summary and Conclusions Discussion Questions About the Author
Key concepts: Prospect theory, Behavioral economics, Relevance (law), Psychology, Economics, Positive economics, Behavioural sciences, Finance